Hengyang Petrochemical Logistics Limited provided group earnings guidance for the full year of 2013. The Board of Directors of the company announced that following a preliminary assessment of the unaudited financials for fiscal year 2013, the group is expected to register a loss-making year. This was mainly due to a non-recurring extraordinary expenditure of approximately RMB 7.9 million in professional fees incurred in relation to the proposed subscription, the proposed conversion of shares and the proposed acquisition; a foreign exchange loss of approximately RMB 4.8 million, as well as lower revenue generated from its storage business.
Hengyang Petrochemical Logistics Limited
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5PD
SG1Y78948920
Oil & Gas Transportation Services
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5-day change | 1st Jan Change | ||
0.111 SGD | +5.71% | +5.71% | -38.33% |
13/05 | Hengyang Petrochemical Logistics Slashes Q1 Attributable Loss | MT |
10/05 | Hengyang Petrochemical Logistics Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
1st Jan change | Capi. | |
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-38.33% | 16.69M | |
+20.17% | 4.9B | |
-74.12% | 104M |
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